Finalists now move on to Phase 3, where they will be demonstrating to the RGRC Judging Panel their proof of concept. This 3-month “validation phase” helps to determine the disciplined process, ultimate funding and overall CBRE resources required to fully execute the team’s proposed idea.
Specifically, finalists are now required to submit complete project plans, including a clearly defined Phase 4 research objective supported by greater depth of ideation, defined scope of work and long-term research budget. The expected completion of each team’s plan will be determined by the nature and complexity of the abstracted concept. By June 10, 2013, the RGRC Judging Panel will have validated the academic substance of all accepted plans and their potential for increasing understanding of green buildings in the built environment.
As always, the aim of the CBRE Real Green Research Challenge is to establish a collaborative partnership with researchers in order to explore new and exciting ways the commercial real estate industry stands to gain from the outcomes achieved and their potentially broader, global application.